Forex - EUR/CHF Technical Analysis (Euro / Swiss Franc)

The pair EUR/CHF continues to move into its bullish channel (purple lines). The price just reached the resistance at 1.30 but without breaking it. Indicators are mitigated. We maintain to trade only long positions as far as 1.29 is support. The breakout of 1.30 will give a new buy signal. The next resistance is at 1.31. However, if 1.29 is broken, we will then advise to trade only short positions as far as 1.2950 is resistance.